561 Madison St

Eugene, OR 97402

$399,000
Price
—
Beds
—
Baths
2,218 Sq. Ft.
$180 / Sq. Ft.
2,218
Sq. Ft.
$180
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Porch
Unit #1
Unit #1
Unit #1
Unit #1
Unit #1
Unit #1
Unit #1
Unit #1
Unit #1
Unit #1
Unit #1
Unit #1
Unit #1
Unit #1
Unit #1
Unit #2
Unit #2
Unit #2
Unit #2
Unit #2
Unit #2
Unit #2
Unit #2
Unit #2
Parking
Floor Plan
Floor Plan

Description

New price $399,000. Great investment opportunity in this Jefferson Westside/Whiteaker Neighborhood duplex that's downtown with a great walk-score! Each unit offers 2 bedrooms and 1 full bathroom. The main level unit has a fireplace, coved ceilings, and a covered front porch. 4 driveway parking spaces behind the building off the alley. This duplex can be purchased with the neighboring duplex at 577 Madison for $750k. Do not disturb tenants. Total monthly rent for 561 Madison is: $3040/moNew price $399,000. Great investment opportunity in this Jefferson Westside/Whiteaker Neighborhood duplex that's downtown with a great walk-score! Each unit offers 2 bedrooms and 1 full bathroom. The main level unit has a fireplace, coved ceilings, and a covered front porch. 4 driveway parking spaces behind the building off the alley. This duplex can be purchased with the neighboring duplex at 577 Madison for $750k. Do not disturb tenants. Total monthly rent for 561 Madison is: $3040/mo
  1. Listed by Kit Sixel • Sixel Real Estate • 541-954-1915

Property Details for 561 Madison Street

Subdivision
North Eugene Mixed Whiteaker
Parking Features
Off Street
Zoning
C2
Garage Spaces
.00
Parking Total
2.00
LISTING UPDATED: 03/10/2026 12:12 AM

Property Details for 561 Madison Street

StatusActive
MLS #357840694
Days on Market287
Taxes$2,532 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1918
Lot Size0.10 AC / 4,356 SF
CountyLane County
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of Sixel Real Estate
Add your commute

Building Information for 561 Madison Street

Stories2Residences2Year Built1918Building Size-Lot Size0.10 AC / 4,356 SF

Payment Calculator

Get preapproved with Rocket Mortgage1

$2,156 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,945

Property Taxes

$211

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 561 Madison Street

Summary
Location and General Information
  • Country: US
  • Directions: W 6th Ave to Madison
School Information
  • Elementary School: River Road
  • High School: North Eugene
  • Middle Or Junior School: Kelly
Taxes and HOA
  • Tax Year: 2025
  • Tax Annual Amount: $2,531.84
  • Parcel Number: 0263770
  • Tax Legal Description: 17-03-31-21-02500
Property
Lot Information
  • Acres: 0.1
  • Lot Description: Level
  • Lot Size Square Feet: 4356.0
  • Lot Size Range: Sq Ft3000to4999
  • Lot Size: 3,000 to 4,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Year Built: 1918
Utilities
  • Cooling Description: None
  • Fuel Description: Electricity
  • Heating Description: Baseboard
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: None
Interior and Exterior Features
Exterior Features
  • Exterior Description: Lap Siding, Wood Siding
  • Roof Type: Composition
Interior Features
  • Basement: Full Basement
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $36,480.00
  • Gross Rent Multiplier: $10.94
  • Investor Information: Leases
  • Net Income Actual: $33,948.00
  • Operating Expense: $2,532.00
  • Storage: Basement
  • Unit Type Type: Unit Type Type1, Unit Type Type2
  • SqFt Approximate Building Total: 2218
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Baths Decimal: 1.00
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Fireplace, Hardwood Floors, Refrigerator, Washer Dryer
  • Unit Type 1 Rent: $1,845
  • Unit Type 1 SqFt: 1002.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Baths Decimal: 1.00
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Range, Refrigerator
  • Unit Type 2 Rent: $1,195
  • Unit Type 2 SqFt: 512.0
  • Unit Type 2 Units Total: 1

Property History for 561 Madison Street

DateEvent & SourcePriceAppreciation
Apr 15, 2022

Sold (Public Record)

Public Record #1487656797

$385,000—
DateEvent & SourcePrice
04/15/2022

Sold (Public Record)

Public Record #1487656797

$385,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 561 Madison Street

Taxable ValueLand-Additions-Total-
Tax Record2025$2,532 ($211 / month)
Home Facts
Baths2Total Finished SqFt1,514 SqFtAbove Grade Finished SqFt1,514 SqFtStories1Lot Size4,356 SqFtStyleDuplexYear Built1918Year Renovated1944ZoningC-2-COMMUNITYCountyLANEAPN17-03-31-21-02500-000Fireplace TypeHas Fireplace

Schools near 561 Madison Street

This home is within Eugene School District 4j.
Rating
School
Type
Grades
Distance
River Road/El Camino Del Rio Elementary School
Public - K to 5
Kelly Middle School
Public - 6 to 8
North Eugene High School
Public - 9 to 12
Eugene Education Options
Public - 9 to 12
Rating
School
Distance
River Road/El Camino Del Rio Elementary School
PublicK to 5

Kelly Middle School
Public6 to 8

North Eugene High School
Public9 to 12

Eugene Education Options
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

Explore Nearby Homes

More information about 561 Madison Street, Eugene, OR 97402

561 Madison Street is a multi-family home for sale in Eugene, OR 97402. This property was listed for sale on May 27, 2025 by Sixel Real Estate, it's currently listed at $399,000. It has been on the market for a total of 287 days and was last sold on April 15, 2022. This listing's school district is Eugene School District 4j. Nearby schools include River Road/El Camino Del Rio Elementary School, Kelly Middle School and North Eugene High School. 561 Madison Street is a 0-bed, 0-bath, 2,218 sqft multi-family home built in 1918.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sixel Real Estate

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: 03/10/2026 12:12 AM